Bank Mandate

3 Bedroom house for sale in Escombe, Queensburgh

R1,300,000
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  4. Web Ref: 1348239
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Property Features

ERF Size 1,799 m²
Building Size 159m²

Interior Features

3 Bedrooms
1 Dining Room
1 Flatlet
Granny flat
1 Bathroom
1 Lounge
Security
House Levels

Exterior Features

3 Garages
6 Parking Spaces

3 bedroom house on a large plot of land with good investment potential

Property Features
Main house: 3 bedrooms, open-plan lounge/dining/kitchen, single bathroom and toilet. Solid structure, but needs renovation.
Rear unit: Small 1-bedroom with facilities - ideal for rental income or caretaker accommodation.
Garage space: Tandem garage for 3 vehicles, adding convenience and value.
Security: Alarm system already installed.
Location: Close to transport routes, shopping centres, and amenities.


Investment Potential
Multi-unit complex: The large plot makes it suitable for redevelopment into a gated rental complex, which is in demand in Queensburgh
Rental income: Existing rear unit can generate immediate income while renovations are underway.

Fixer-upper strategy: With creativity and financial resources, the property can be transformed into either a modern family home or a profitable investment


Market Context
Queensburgh has strong demand for gated rental complexes, making this property attractive for developers or investors looking to maximize returns. The combination of location, land size, and existing structures provides flexibility in approach.


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Location

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Candidate Property Practitioner
Registered with the PPRA

Franchisee of Rawson Residential Franchises (Pty) Ltd | Registered with the PPRA

24 Coronation Road, Queensburgh Central

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